T-Mobile US issues EUR 2.5 bln in new debt to support shareholder returns, refinancing
T-Mobile US has agreed to sell EUR 2.5 billion in new debt. The offering includes EUR 750 million of 3.2 percent senior notes due in 2032, EUR 750 million of 3.625 percent notes due 2035 and EUR 1 billion of 3.9 percent notes due in 2038. The net proceeds will go to general corporate purposes, including support for the ongoing share buyback programme, quarterly dividends and refinancing existing debt.